If you urgently need a loan of 50000 naira, there are several options available to you. Lots of legit loan companies will gladly offer you this amount instantly provided you are eligible. This post will list the loan apps that can offer you 50000 naira or even 60k in minutes.
Loan apps that can give you 50000 naira instantly
As said earlier, several loan companies in Nigeria are available that can offer you loans of 50,000 Naira or more. Here are some examples of such loan companies:
Fairmoney is a microfinance bank that offers instant loans of up to 500,000 Naira to individuals in Nigeria. They offer loans with a repayment period of up to 3 months, and the interest rate varies depending on the loan amount and duration.
To get a loan of #50000 on Fairmoney as a first-timer, all you need to do is sign up and provide your financial information including your BVN, and their system will automatically check your record to assess your credit score after which they would offer you the loan amount which is usually not less than 50k. If you accept the loan and its terms, the money will be disbursed to your chosen bank in minutes.
Renmoney is a financial institution that provides loans, savings, and fixed deposit services to individuals and small businesses in Nigeria. Renmoney can offer loans of up to 6 million Naira with a repayment period of up to 24 months. The interest rates on their loans usually depend on the loan amount, duration, and the borrower’s credit score.
To apply for an urgent 50k loan on Renmoney, you will need to provide your personal and financial information and complete an online application form. Renmoney uses this information to assess your creditworthiness and offer a loan amount and repayment term that it feels you are qualified for. If the terms of the loan are acceptable to you, the funds will be disbursed to your bank account within 24 hours.
Previously known as Paylater, Carbon is another loan app in Nigeria that can offer you an urgent loan of 50000 naira. It is a digital lending platform that provides quick and easy loans to individuals in Nigeria and uses advanced algorithms and data analysis to assess borrowers’ capability of paying back the loan.
To begin, download the app on either the Google Play store or the Apple App Store depending on your device OS, and then sign up, and provide your financial details such as your BVN, monthly income, etc. When done, the Carbon algorithm will check your information to determine the amount you will be eligible for.
Branch is yet another loan app that can give you an instant loan of up to #200,000. It is a highly dependable platform that is known for giving out quick and convenient access to cash loans in Nigeria. With Branch, you can be granted loans of up to N200,000, and receive the money in your bank accounts within 24 hours. So if you are looking for an urgent loan, download the Branch app from your app store and sign up now.